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Lehigh Valley Just Listed LLC
240 E Hamilton St, Allentown, PA 18109
- $306,000
- 3
- BD
- 2
- BA
- 1,918
- SqFt
- Sold Price
- $306,000
- List Price
- $289,900
- Closing Date
- Jun 23, 2026
- MLS#
- 775224
- Status
- CLOSED
- Type
- Multifamily
- City
- Allentown
- Area
- Allentown-East
- County
- Lehigh
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 1,918
- Lot Size
- 1,934
- Year Built
- 1915
Property Description
9.78% CAP RATE | 8.42 GRM. Secure immediate, high-yield cash flow with this fully stabilized, turnkey duplex designed for a great buy-and-hold investor. Featuring a 2BR/1BA and a 1BR/1BA unit, this asset is occupied by long-term tenants at current market rates, ensuring a seamless ownership transfer. Engineered for a low-CAPEX decade, the property has undergone a comprehensive renovation including a newly replaced roof, new windows, all-new appliances, new flooring, and professional interior/exterior paint. Operational efficiency is maximized via a management-light, all-electric configuration with fully separated meters, insulating the owner from utility overhead. Positioned in a high-density urban corridor, the asset includes the rare competitive advantage of dedicated on-site parking, driving long-term tenant retention and appreciation. This is a clinical, high-performance addition to any portfolio, offering superior yield with zero deferred maintenance! ¡Se Habla Español! Please do not disturb tenants!
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Additional Information
- Acres
- 0.04
- Cooling
- Window/Wall
- Living Area
- 1,918
- Lot Size
- 1,934
- Parking Spaces
- 4
- Region
- Allentown-East
- School District
- Allentown
- Sewer
- Public Sewer
- Stories
- 3
- Subdivision
- Not In Development
- Zoning
- B-3-Highway Business
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Listing courtesy of Light House Realty LV LLC. Contact:
Selling Office: Howard Hanna TheFrederickGroup.The data relating to real estate for sale or previously for sale on this web site comes in part from the Internet Data Exchange of the Greater Lehigh Valley REALTORS® Multiple Listing Service. The information being provided is for consumes personal, non-commercial use and may not be used for any purpose. Information is deemed reliable but not guaranteed. Copyright 2026 Greater Lehigh Valley REALTORS®.